The King v New Zealand Insurance Co Ltd (No 1) - [1916] NZLR 463

Land Agent — Fidelity Bond — Sale of Leaseholds — Failure of Agent to pay Deposit into Trust Account — Misappropriation — Liability of Obligors — Whether limited to Amount of Agent's Defalcations — Whether Leaseholds "Land" for purposes of Act — Land Agents Act, 1912, ss 4 (1), 8, 13, and 17 — Regulation No 8 (NZ Gazette, 1912, Vol ii, pp 3395–96) — Acts Interpretation Act, 1908, s 5.